Foreclosures rose 27% in January from December, reflecting the higher leverage taken on by home buyers over the last several years, says CSFB.

LAST WEEK, RealtyTrac published its January U.S. Foreclosure Report. According to the company, the report includes homes in all three phases of foreclosure: preforeclosure (notice of default), foreclosure (notice of sale) and real estate owned (properties that have been foreclosed on and repurchased by a bank).